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2 Annaly Capital Management directors step down; Dime Community names 2 SVPs


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2 Annaly Capital Management directors step down; Dime Community names 2 SVPs

S&P Global Market Intelligence presents a daily roundup of management and board changes in the financial services and bank and thrift industries. This feature excludes C-level leadership changes and stories previously covered by S&P Global Market Intelligence.


Brooklyn, N.Y.-based Dime Community Bank named Rosalind Sheron senior vice president of municipal banking and Laurence Marchini senior vice president and team leader in Manhattan.

Previously, Sheron was vice president and market manager at HSBC Bank USA NA, and Marchini was senior vice president and team leader at ConnectOne Bank.

Dime Community Bank is a unit of Dime Community Bancshares Inc.; Englewood Cliffs, N.J.-based ConnectOne Bank is a unit of ConnectOne Bancorp Inc.; HSBC Bank's ultimate parent is HSBC Holdings PLC.


Greenfield Co-operative Bank promoted Lisa Kmetz to senior vice president of retail and Bank Secrecy Act/security officer and Michael Turley to senior vice president and controller, reported.

The Greenfield, Mass.-based bank is a unit of Greenfield Bancorp MHC.


William Gould resigned from the boards of Seneca Financial MHC, Seneca Financial Corp. (MHC) and Seneca Savings (MHC).

His resignation was not due to any disagreement with management.

Gould's experience includes working as an executive officer at Seneca Savings, according to S&P Global Market Intelligence records.

Baldwinsville, N.Y.-based Seneca Financial Corp. also disclosed that the board amended the company's bylaws to decrease the number of directors to seven from eight.

Financial services

Kevin Brady and E. Wayne Nordberg stepped down as directors of Annaly Capital Management Inc., in line with the company's recently adopted board refreshment policy.

Pursuant to the policy, independent directors may not stand for reelection to the board after their 12th anniversary of board service or their 73rd birthday, whichever is earlier.

Brady joined the board before the company's IPO in 1997, and Nordberg joined the board in 2004.

Brady is the CEO of venture capital firm ARMtech LLC, and Nordberg is the president of the office of investments for the Lafayette College Endowment Fund and chairman and chief investment officer of Hollow Brook Associates LLC, S&P Global Market Intelligence records show.


Edward Garden is set to resign as a director of Bank of New York Mellon Corp., effective June 10.

Garden is the founding partner and chief investment officer of Trian Fund Management LP, according to S&P Global Market Intelligence records.